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Raging fires and deaths force government onto defensive, create dangerous mix
PoliticsGreek Politicsthat there would be an opportunity in the near future to debate matters in Parliament. He suggested... appealing to voters over law and order or national issues in order to win them over, and creating
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The key points in Greece's new bank recap bill
Economyis allocated among preference shares and other Core Tier 1 (CET1) instruments, Tier 1 instruments, Tier 2 instruments, subordinated debt and senior debt (in this order) with mandatory conversion of those
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Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek PoliticsA look at recent opinion polls would tell you that the Greek government is under pressure going into the local and European Parliament elections in May but New Democracy and PASOK’s anxiety is also evident from the fact that the two parties are altering...
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Tension builds in Greek coalition and with SYRIZA as elections near
PoliticsGreek PoliticsTension is building on Greece’s political scene as the local and European Parliament elections approach, with divisions emerging within the coalition and the verbal exchanges between governing parties and the opposition intensifying. With PASOK struggli...
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomyThe Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter wa...
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SYRIZA shows keener interest in foreign policy as possible elections near
PoliticsForeign PolicySeeing the government close to buckling under the pressure of having to meet the troika's targets, SYRIZA's Alexis Tsipras chose to inflict his own kind of pain on Wednesday, when he claimed that a leftist government would not be bound by the demands ma...
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Greece near top of EU charts for proportion of population over 65 and 80
SocietyGreece has the second highest proportion of its population over the age of 80, according to data released this week by the EU’s statistical arm. Eurostat figures showed that in 2014, 6 percent of people in Greece were aged 80 or over, just short of the ...
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Receipts from taxes and social contributions rise to 39 pct in 2014, near EU average
EconomyTotal receipts from taxes and social security contributions in Greece improved to 39 percent of GDP in 2014 from 38.3 percent in 2013, Eurostat figures showed on Friday. Despite the recorded improvement, they remain slightly below the euro area and the ...
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
EconomyGreece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales. Speaking at a meeting of the Athens Chamber of Commerce and Industry (EBEA) on Monday afternoon, the chairman of the Hellenic Republic Asset Development...
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Greece near bottom of OECD rankings for spending on R&D
SocietyRanked 32nd on a 38-strong list, Greece is lagging behind most other developed countries when it comes to spending on research and development. According to 2015 indicators from the Organisation for Economic Cooperation and Development (OECD) – the late...
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